Menu
Mobile credit reader for iOS devices brings Apple Pay to small retailers

Mobile credit reader for iOS devices brings Apple Pay to small retailers

The new tool means people could use Apple Pay instead of cash at their favorite food trucks

Missing from the ranks of businesses that accept Apple Pay are small retailers like food trucks and local coffee shops that may lack the capital to invest in sales terminals for accepting mobile payments.

But a partnership between Apple and credit card processing company North American Bancard could soon bring mobile wallet transactions to neighborhood vendors.

Starting in September, Apple will start selling an updated version of the PayAnywhere mobile credit card reader, developed by North American Bancard. The device plugs into iPhones and iPads and will allow retailers to accept payments made with Apple Pay as well as other mobile wallets that use near field communication (NFC) technology to carry out transactions.

Competing contactless payment systems that use NFC include Android Pay, which is expected to launch soon, and Samsung Pay, which comes to the U.S. on Sept. 28.

The device hasn't been tested with either Android Pay or Samsung Pay yet, but does work with Google Wallet, a PayAnywhere representative said in an email. With the arrival of Android Pay, however, Google Wallet is becoming a money transfer service.

PayAnywhere, which will cost US$39.95, also has a magnetic strip reader, allowing the device to work with traditional credit cards.

The exact date PayAnywhere goes on sale in Apple's retail stores and online wasn't provided. Apple is the exclusive retailer of the newest version of PayAnywhere, but the device is already sold in other stores. It is unclear if the arrangement with Apple will affect PayAnywhere's existing availability.

Other versions of PayAnywhere work with Android smartphones and tablets. The model announced Thursday will support Android tablets in five to six weeks, PayAnywhere said, but the company did not mention smartphone compatibility.

The device will be sold in the U.S., at least for the immediate future, according to a news release. PayAnywhere didn't mention international merchants.

To accept Apple Pay transactions, retailers need credit card terminals that work with NFC technology. However, the expense of purchasing new systems has soured some stores on accepting mobile payments.

By comparison, mobile credit card readers plug into the headphone jack on smartphones and tablets, effectively turning the device into a cash register. Using mobile devices as point-of-sale systems can potentially offer small and medium-sized businesses an affordable way to accept contactless payments.

PayAnywhere isn't the only device that works with Apple Pay. Square showed off its Apple Pay-compatible mobile credit card reader during Apple's World Wide Developer Conference in June


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Featured

Slideshows

Sizing up the NZ security spectrum - Where's the channel sweet spot?

Sizing up the NZ security spectrum - Where's the channel sweet spot?

From new extortion schemes, outside threats and rising cyber attacks, the art of securing the enterprise has seldom been so complex or challenging. With distance no longer a viable defence, Kiwi businesses are fighting to stay ahead of the security curve. In total, 28 per cent of local businesses faced a cyber attack last year, with the number in New Zealand set to rise in 2017. Yet amidst the sensationalism, media headlines and ongoing high profile breaches, confusion floods the channel, as partners seek strategic methods to combat rising sophistication from attackers. In sizing up the security spectrum, this Reseller News roundtable - in association with F5 Networks, Kaspersky Lab, Tech Data, Sophos and SonicWall - assessed where the channel sweet spot is within the New Zealand channel. Photos by Maria Stefina.

Sizing up the NZ security spectrum - Where's the channel sweet spot?
Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Show Comments